6 Reasons to choose an appraisal from National Home Appraisal CorporationTo a lot of us, an appraisal just looks like one more thing on the break-sheet for a home purchase or refinance. While there are an increasing number of automated home valuation processes that may appear more prudent than an appraisal, nearly all lenders still need a local expert because the stakes are very high. Is obtaining a mortgage the only reason you should get an appraisal? Are there other situations when the services of a licensed, independent real estate professional could be beneficial? Of course there are. 
Challenge your tax assessmentIt's possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your real estate, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in appealing your tax assessment. Remove PMI to lower your mortgage paymentWhen the amount being loaned to the home buyeris more than 80% of the actual value of the real estate, many lenders ask homeowners to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, National Home Appraisal Corporation can give you a statement regarding the value of your home. The cost of the appraisal can often be recovered in just a few months because you'll no longer be paying the PMI. Order your appraisal from National Home Appraisal Corporation today Order todayGet a clear valuation on a home take make a divorce settlement less stressfulA divorce is a very horrible event for the parties involved, and it is often more complicated by the hard decision of who keeps the home. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from National Home Appraisal Corporation, regardless of the situation. The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Accurate and fair estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Relocate to or from Worcester County for workWe are familiar with the stress involved with an employee relocation. We take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our thorough inspection. Sell your home promptly — for the right priceA professional appraisal can help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price. On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesare on the market. So, obtaining a professional appraisal is a reliable way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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